This ad will be closed automatically in X seconds.

Oliver Bonas Secures £3.5m Loan

Multiple lifestyle retailer Oliver Bonas has secured £3.5m of additional funding as part of the Coronavirus Business Interruption Loan Scheme. The funding (from HSBC UK) will help to support the company after its stores were closed during the coronavirus lockdown.

 “The last few months have been extremely challenging but I’m very proud that we have been able to trade safely online and support our team throughout,” stated Oliver Tress, founder and ceo of Oliver Bonas.  

Above: Oliver Tress.
Above: Oliver Tress.

He continued: “It’s exciting to see some of stores open their doors again and we have worked hard to make sure that our team, and our customers, can shop safely post-lockdown.”

Oliver Bonas operates 80 shops across the UK and Ireland, with half having re-opened since June 15.

 

Top: Oliver Bonas in Leamington Spa is one of 80 Oliver Bonas stores.

 

MORE NEWS
Fenwick
 
They will be revealed to the public today, soundtracked by a bespoke rendition of the classic Christmas carol...
75
 
“Christmas 2025 is a much more lavish affair these days, with new American and European traditions added to the UK’s own”...
Look_out
 
“With qualified help and advice the licensing journey can prove to be a rewarding voyage for retailers - big or small”...
 
Home fragrance and wellbeing company CAHM has opened a shop at Sunny Bank Mills...
SwanMill_Gifted
 
David Byk adds the stationery and calendar company to Ling, GBCC and Penny Kennedy group...
Chancellor.
 
Gift retailers left reeling from triple blow of business rates doubling, employer National Insurance rising and the minimum wage increasing...
Get the latest news sent to your inbox
Subscribe to our daily newsletter

The list doesn't exist! Make sure you have imported the list on the 'Manage List Forms' page.